Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (39416)	4/10/1999 7:43:00 AM
From: Moominoid	Read Replies (2) of 94695

My own (time series regression based) SPX weekly indicators were last at this level in the weeks 22 June and 29 June 98. A rise of 25 SPX points next week could push them into the beginning of a sell signal. But this would need to be confirmed by other indicators and there is still plenty of upside potential. The sell signal strengthens very slowly for quite large points increases over the next 1-3 weeks. A levelling out next week would postpone the turning point not confirm that it had occurred. It could go up to 1450 in three weeks for example for the top if one is going to happen here. Maybe this suggests that it won't. David

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